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Property profile & analytics
OFF-MARKET
Flex space
505 Jefferson St Bluffton, OH 45817-1349
Entity Owned
18-yr Hold
~
Est. High Equity
Property ID
US66-2535530
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1952
Total area
4,696 SF
Lot
11.49 ac (500,504 SF)
APN
28-0112-08-002.003
UPID
US66-2535530
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Diamond Manufacturing of Bluffton, LLC Industrial Manufacturer Production Facility
-
Marion Shelly Pediatrician Physician
-
Colonial Surface Solutions Inc Professional Services
-
Rene Shelly Pediatrician Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Btms Investments LLC · 18 yrs held
Btms Investments LLC
since 2008
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Bluffton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bluffton submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$45,133
Tax year 2023
Assessed value
$1,146,010
Assessed 2023
Previous assessed
$1,146,010
+0.0% YoY
Effective rate
3.94%
On assessed value
Assessed land
$128,700
Assessed improvement
$1,017,310
Land market value
$367,700
Improvement market value
$2,906,600
Total market value
$3,274,300
Applied tax rate
203.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1952
Heating
NONE
Buildings
5
Stories
1
Total area
4,696 SF
Lot
11.49 ac (500,504 SF)
APN
28-0112-08-002.003
UPID
US66-2535530
Jurisdiction
ALLEN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1952
Heating
NONE
Stories
1
Buildings
5
Lot
11.49 ac
Current owner
From public records · entity-resolved
Btms Investments LLC
Entity
Mailing address
505 E JEFFERSON ST, BLUFFTON, OH 45817-1349
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 12, 2024
—
Btms Investments LLC
—
Deed
related
$307,500 · The Citizens National Bank Of Bluffton
Oct 26, 2023
—
Btms Investments LLC
—
Deed
related
$1,500,000 · The Citizens National Bank Of Bluffton
Jun 28, 2022
—
Btms Investments LLC
—
Deed
related
$2,065,000 · The Citizens National Bank Of Bluffton
Apr 11, 2008
$1,400,000
Btms Investments LLC
Mid Bus INC
Grant Deed
$800,000 · Union Bank
May 24, 2005
$2,000,000
Mid Bus INC
Bsw INC
Grant Deed
related
$30,000,000 · Fleet Capital Corp
—
—
Btms Investment LLC
—
Deed Of Trust
related
$335,000 · Citizens Nat'l Bk/bluffton
—
—
Btms Investments LLC
—
Deed Of Trust
related
$372,899 · Union Bank
—
—
Btms Investments LLC
—
Deed Of Trust
related
$704,000 · Citizens Nat'l Bank Bluffton
—
—
Btms Investments LLC
—
Deed Of Trust
related
$442,000 · Allen County
—
—
Btms Investments LLC
—
Deed Of Trust
related
$671,000 · Citizens Nat'l Bank Bluffton
—
—
Btms Investments LLC
—
Deed Of Trust
related
$192,447 · Union Bank
—
—
Btms Investments LLC
—
Deed Of Trust
related
$298,826 · Union Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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